Price for Fresh or Chilled Witloff Chicory in South Africa - 2022
Contents:
- Price for Fresh or Chilled Witloff Chicory in South Africa (FOB) - 2022
- Price for Fresh or Chilled Witloff Chicory in South Africa (CIF) - 2022
- Exports of Fresh or Chilled Witloff Chicory in South Africa
- Imports of Fresh or Chilled Witloff Chicory in South Africa
Price for Fresh or Chilled Witloff Chicory in South Africa (FOB) - 2022
In 2022, the average export price for fresh or chilled witloff chicory amounted to $1,400 per ton, picking up by 31% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 259%. Over the period under review, the average export prices reached the peak figure at $8,949 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2012 to 2022, the rate of growth in terms of prices for Namibia amounted to +3.4% per year.
Price for Fresh or Chilled Witloff Chicory in South Africa (CIF) - 2022
The average import price for fresh or chilled witloff chicory stood at $723 per ton in 2022, flattening at the previous year. Over the period under review, the import price showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 an increase of 122% against the previous year. As a result, import price attained the peak level of $3,934 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +26.9% per year.
Exports of Fresh or Chilled Witloff Chicory in South Africa
In 2022, fresh or chilled witloff chicory exports from South Africa surged to 30 kg, picking up by 100% against 2021 figures. Overall, exports, however, saw a significant curtailment. The growth pace was the most rapid in 2020 with an increase of 437%. As a result, the exports attained the peak of 2.6 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, fresh or chilled witloff chicory exports skyrocketed to $42 in 2022. In general, exports, however, showed a precipitous decrease.
| Export of Fresh or Chilled Witloff Chicory in South Africa (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 3.0 | 4.0 | 1.0 | 42.0 | 141.0% |
| Russia | 422 | 912 | 1.0 | N/A | -95.1% |
| Poland | 1,966 | 3,540 | 3.0 | N/A | -96.1% |
| Others | 210 | 447 | 11.0 | N/A | -77.1% |
| Total | 2,601 | 4,903 | 16.0 | 42.0 | -74.7% |
Top Export Markets for Fresh or Chilled Witloff Chicory from South Africa in 2022:
- Namibia (30.0 kg)
Imports of Fresh or Chilled Witloff Chicory in South Africa
For the third consecutive year, South Africa recorded decline in overseas purchases of fresh or chilled witloff chicory, which decreased by 0% to 23 tons in 2022. Overall, imports saw a dramatic descent. The smallest decline of -50% was in 2020.
In value terms, fresh or chilled witloff chicory imports stood at $17K in 2022. In general, imports showed a precipitous curtailment. The smallest decline of -53.5% was in 2020.
| Import of Fresh or Chilled Witloff Chicory in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 72.1 | 33.6 | N/A | 16.8 | -38.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 72.1 | 33.6 | N/A | 16.8 | -38.5% |
Top Suppliers of Fresh or Chilled Witloff Chicory to South Africa in 2022:
- Netherlands (23.2 tons)
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